ESIC raises wage threshold to Rs.21,000, aims to add 50 lakh workers
“It’s a pro-worker move and in a way historic. After hiking the minimum wage late last month, the Union government has again taken a pro-employee stand that will...
India is still inadequately Formalised, Financialised, Urbanised, Industrialised and Skilled. While the regulatory challenges do pose questions on smoother business functioning and consequent job creation, there are several underlying factors which indicate that there is a lot of work to be done in employment, employability, and ease of doing business.
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1: Workforce Planning and Forecasting Effective workforce planning is the foundation for handling seasonal demand. Businesses should: Analyse past seasonal trends to identify peak hiring times. For example, The E-Commerce industry, driven by discretionary purchases, sees a sharp hiring surge...
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